Altcoins

Predicting a 15% price rally for SOL is possible IF…

Amid the uncertainty, it seems that crypto whales’ curiosity in Solana (SOL) has returned, with tens of millions of {dollars}’ value of purchase positions being recorded for the altcoin just lately.

On 9 January, outstanding whale tracker Onchain Lens shared a submit on X revealing {that a} crypto whale just lately deposited $8.09 million and positioned a purchase order for SOL throughout the value vary of $133.88 to $135.

This large purchase order is indicative of the whale’s continued curiosity in SOL, regardless of the value transferring sideways. At press time, SOL’s value was buying and selling at $140 – Up 2.48% over the past 24 hours.

In the meantime, market participation additionally hinted at robust curiosity within the asset, with buying and selling quantity leaping by 25% to $5.05 billion.

Solana (SOL) traders, merchants flip bullish

A hike in buying and selling quantity alongside its value motion often signifies that merchants and traders are exhibiting robust curiosity within the prevailing pattern.

A take a look at the derivatives knowledge from Coinglass revealed that each traders and merchants have a bullish outlook proper now. Particularly since they’ve been accumulating positions and betting on the lengthy aspect recently.

In line with the SOL spot influx/outflow metric, over the past 24 hours, exchanges have recorded web outflows of $1.30 million – An indication of potential accumulation.

SOL Spot Inflow/OutflowSOL Spot Inflow/Outflow

Supply: Coinglass

On the identical time, merchants gave the impression to be over-leveraged on the $136-level on the draw back, the place they constructed $111.52 million value of long-leveraged positions.

Right here, it’s value noting that the $141.4-level represents one other over-leveraged stage. This can be a stage the place comparatively decrease curiosity has been recorded, with merchants constructing $84.59 million value of short-leveraged positions.

SOL Exchange Liquidation MapSOL Exchange Liquidation Map

Supply: Coinglass

SOL value motion and upcoming ranges to look at

These actions look like reinforcing SOL’s bullish outlook, however one other issue at present enjoying a key position is value motion. In line with AMBCrypto’s technical evaluation, SOL may be dealing with a hurdle on the key stage of $145.85 on the day by day charts. 

Solana price actionSolana price action

Supply: TradingView

Since November 2025, SOL’s value has examined this stage greater than six occasions. Every time, the altcoin has failed to interrupt above it.

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Primarily based on these components, if SOL efficiently breaks this key hurdle and closes a day by day candle above the $146-level, there’s a robust chance that it might soar by 15% and hit the $168 stage within the coming days.

Nonetheless, if it fails to breach this stage, historical past could repeat itself, and the value might see a reversal.

At press time, the Common Directional Index (ADX)—a technical indicator that measures pattern energy—stood at 27.36, barely above the important thing threshold of 25. This hinted at a strengthening pattern throughout the market. Moreover, the 50-day Exponential Transferring Common (EMA) prompt that SOL will stay on an uptrend over the shorter time-frame.


Last Ideas

  • A crypto whale positioned purchase orders value $8.09 million for SOL throughout the value vary of $133.88 to $135.
  • Each traders and merchants stay bullish outlook, however a brand new value rally can be conditional on just a few components. 
Subsequent: Bitcoin stalls beneath native resistance, leaving crypto longs on edge – Why?

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